Are you looking for credible information on Facebook Payments, the Facebook Payments App, or Sending Money via Facebook? You have come to the right place.
With Facebook’s new payment system, Facebook payments, sending and receiving money are now easier than ever.
Facebook Payments – Facebook social media isn’t just for chatting with friends and families or sharing photos, videos, and updates with loved ones. Using instant Facebook messenger, you can also use Facebook to send money to your friends and family.
Facebook payments are a means of paying a third party to get a product or service right on Facebook. Facebook has also enabled its users to link their debit cards to services to transfer money from one another easily.
There are many online platforms you can use to send and receive money from your friends and family. However, the Facebook payment app seems to be the most preferred by many users because it is very secure and free.
One outstanding feature of Facebook payment is that it is free to use. Anybody can use Facebook payment, provided they have an account with Facebook.
In addition, the Facebook payment messenger platform is very secure. Hence, your money is safe.
Worry no more if you are wondering how to go about it. I will quickly show you how to send and receive money via Facebook payment in this article.
How To Use Facebook Payments System
Using Facebook Messenger to make Facebook payments requires a debit card on both ends of the transaction. Here’s how to get started:
- Go to your Facebook app.
- Click on your profile icon.
- Scroll down and click on Payments.
- Start a chat with the person you want to send money to.
- Tap the “more” icon in the toolbar.
- Tap on Payments again.
- Click on Next to skip the information on your screen.
- Enter the amount you wish to send to the person and drop a note that signifies the payment.
- Lastly, click on the “Pay” button.
How To Request Payment Via Facebook
Also, if you want to request money from your friend, you can;
- Click on the request at the top of your screen.
- Enter the amount you want to request.
- State the reason for requesting.
- Click on the Request button to finish up the process.
Note: Remember that using a debit card for your transactions is easy and free.
Unlike other online payment sites, Facebook keeps records of all your conversations and payments with your friends in one message box. To send money, click the thumbs-up button, which is also the dollar sign.
To reduce the risk of fake transactions, Facebook now has a rule that requires every user to enter a PIN or fingerprint identification system before they can send money to friends and family.
This payment can be made using a debit card to handle the money transfer. Facebook also offers its users free online payment services to make the transfer easier and faster.
Mode of Making Facebook Payments
There are different modes of making Facebook payments for a product or service rendered to you. This payment mode includes the following:
- Subscription—Whenever you buy a subscription to any app, Facebook bills your funding instrument at the beginning of each subscription period.
- Pricing – listen carefully to the details of the transactions because your price may include your tax payment, fee payment, and shipping costs.
- Funding and spending – when you pay on Facebook, you agree to provide a valid funding instrument. If you have successfully added your funding instrument, Facebook allows you to initiate a transaction using Facebook payments.
- Donations – donating to a charity organization on Facebook or an individual who uses the features that Facebook made available for raising and collecting funds for personal causes.
Other methods of making a payment on Facebook include mobile billing, using Stiletto (a prepaid payment), Facebook gift cards, and authorization.
Note: If you are under 18 years old, you can only access Facebook payments with the help of your parents or guardians. Review Facebook’s terms and policies before making a payment to understand how Facebook payments work and your rights and responsibilities.
How does Facebook payment work?
Facebook Pay is a payment system users can utilize to pay for their items. Facebook users interested in using Facebook Pay must enter their payment, delivery and personal details into the Facebook app. Once they purchase your product through social media or your company website, they can select Facebook Pay on the payment page.
Can I use Facebook Pay in Africa?
Facebook Pay is readily accessible in Africa, Asia-Pacific, Europe, Latin America and the Caribbean, the Middle East and North America.
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